SWF assets to hit $10tn by 2015

From Arabianbusiness.com: Cash-rich sovereign wealth funds (SWFs) are expected to grow their assets under management by 15 percent a year, amassing a massive $10 trillion in assets by 2015, Deutsche Bank said in a report published on Tuesday.

The German bank said assets under management currently stand at around $3.6 trillion. Deutsche Bank said growth will be driven by hydrocarbon reserves, current account and government surpluses and receipts from the sale of commodities, which the bank described as a “formidable source from which governments can theoretically feed their state-owned funds”….. Full Article: Source